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Revenues (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Natural Gas, Oil and NGL Revenues

The following table presents the disaggregation of the Company's natural gas, oil and NGL revenues for the three and six months ended June 30, 2024 and 2023:

 

 

 

Three Months Ended June 30, 2024

 

 

Six Months Ended June 30, 2024

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

4,682,626

 

 

$

373,024

 

 

$

5,055,650

 

 

$

7,884,523

 

 

$

736,800

 

 

$

8,621,323

 

Oil revenue

 

 

3,643,875

 

 

 

366,482

 

 

 

4,010,357

 

 

 

6,162,196

 

 

 

680,357

 

 

 

6,842,553

 

NGL revenue

 

 

492,463

 

 

 

267,536

 

 

 

759,999

 

 

 

948,520

 

 

 

503,818

 

 

 

1,452,338

 

Natural gas, oil and NGL sales

 

$

8,818,964

 

 

$

1,007,042

 

 

$

9,826,006

 

 

$

14,995,239

 

 

$

1,920,975

 

 

$

16,916,214

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2023

 

 

Six Months Ended June 30, 2023

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

3,171,443

 

 

$

388,160

 

 

$

3,559,603

 

 

$

9,357,464

 

 

$

1,112,910

 

 

$

10,470,374

 

Oil revenue

 

 

2,659,813

 

 

 

369,530

 

 

 

3,029,343

 

 

 

6,092,763

 

 

 

1,049,367

 

 

 

7,142,130

 

NGL revenue

 

 

386,407

 

 

 

255,811

 

 

 

642,218

 

 

 

891,177

 

 

 

584,730

 

 

 

1,475,907

 

Natural gas, oil and NGL sales

 

$

6,217,663

 

 

$

1,013,501

 

 

$

7,231,164

 

 

$

16,341,404

 

 

$

2,747,007

 

 

$

19,088,411